2019 Investment Advisor Forum

The expectation for advanced knowledge and professionalism is growing. Transform knowledge into value for you, your clients, and the industry with the latest from the nation's leading thought leaders and practitioners in finance, economics, behavioral science, business management, client service, and more at the Institute's Investment Advisor Forum.

Richard Marston, Ph.D., James R. F. Guy Professor of Finance, The Wharton School

The Wharton School, University of Pennsylvania

Richard Marston is the James R.F. Guy Professor of Finance at the Wharton School of the University of Pennsylvania. A graduate of Yale College and MIT where he received his PhD, Professor Marston was also a Rhodes Scholar at Oxford University. He has taught asset allocation for over twenty years in the CIMA Program sponsored by the Investments & Wealth Institute™, formerly called IMCA. He is a past recipient of the Institute’s Matthew R. McArthur Award for outstanding contributions to investment management. Since 1999, he has been faculty director of Wharton Executive Education’s Private Wealth Management Program, a week-long program for ultra-high net worth investors. Professor Marston has lectured on investments throughout the U.S. and in over a dozen foreign countries. He is the author of numerous articles and books including Portfolio Design: A Modern Approach to Asset Allocation, and Investing for a Lifetime.

Toby Moskowitz, Ph.D., Professor of Finance

Yale School of Management

Tobias "Toby" Moskowitz, Dean Takahashi ’80 B.A., ’83 M.P.P.M. Professor of Finance, Yale School of Management, is an internationally-recognized thought leader in finance and entrepreneurship. Previously, he was the Fama Family Professor of Finance at the University of Chicago Booth School of Business. Recognized by the American Finance Association with its 2007 Fischer Black Prize, awarded biennially to the top finance scholar in the world under the age of 40, he is quoted frequently by news outlets worldwide. A research associate for the National Bureau of Economic Research, associate editor of the Journal of Finance, and former editor of the Journal of Financial Studies, he is the author of Scorecasting. Dr. Moskowitz is a principal at AQR Capital Management, LLC, and earned a B.S. in industrial management and industrial engineering, and M.S. in management, Purdue University, and a Ph.D. in finance, University of California, Los Angeles.  
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Diana Henriques, Financial Journalist

Diana B. Henriques, an award-winning financial journalist, is the author of A First-Class Catastrophe: The Road to Black Monday, the Worst Day in Wall Street History, released in September 2017. She is also the author of The Wizard of Lies: Bernie Madoff and the Death of Trust, a New York Times bestseller, and three other books on business history. As a staff writer for The New York Times from 1989 to 2012 and as a contributing writer since then, she has largely specialized in investigative reporting on white-collar crime, market regulation and corporate governance.

Andrew Friedman, J.D., Founder & Principal

The Washington Update

An expert on politics, Andy Friedman is the founder and principal of The Washington Update. Known for his ability to translate the ever-changing, confusing, and crazy world of Washington in a straightforward bipartisan manner, he is known for predicting the outcomes of Washington deliberations and providing financial advisors and investors with strategies to consider in light of the changing political landscape. Previously Mr. Friedman served as a senior partner at Covington & Burling, a law firm where he headed the tax and corporate groups. He also served as tax counsel to Major League Baseball, the National Football League, National Basketball League, National Basketball League, and National Hockey League. He earned his bachelor’s degree from Trinity College (where he was valedictorian) and law degree from Harvard Law School.

Brad Armstrong, Partner

Lovell Minnick Partners

Brad is a partner in the Philadelphia office of LMP. He joined the firm in 2009. Prior to LMP, Brad was part of the Financial Institutions Group at Bank of America Merrill Lynch, where he focused on M&A and capital raising transactions for the firm’s investment banking clients. Previously, Brad was an Assistant Vice President in Bank of America’s Finance Group. Brad began his career in a strategic advisory group within Wachovia Corporation.

Herman Brodie, Founding Director

Prospecta Ltd.

Herman Brodie is the founding director of Prospecta Limited. He is a specialist in behavioural economics, an accomplished speaker, and a trainer of decision-makers. Herman is the author of The Trust Mandate: The behavioural science behind how asset managers REALLY win and keep clients (2018, Harriman House). He also co-wrote and teaches the professional investment course, A Practical History of Financial Markets.

Steve Cain, CLTC®, Director Sales & Business Development Leader

LTCI Partners

Steve Cain is a Director at LTCI Partners and leads the firm’s sales & business development efforts nationally. His focus is revenue growth – whether it’s coming from existing client relationships to the acquisition of new institutional and group accounts. Steve has 17+ years in the Insurance & Financial Services industry, working closely with independent broker-dealers, wirehouses and employee benefits consultants. Steve is a graduate of the University of California at Santa Barbara. After graduation, he had a brief career in professional baseball, pitching in the farm systems of three professional teams. Steve resides in Los Angeles, CA.

Malcolm Frank, Executive Vice President

Cognizant

Malcolm Frank is Cognizant’s Executive Vice President, Chief Strategy Officer and Chief Marketing Officer. In this role, he is responsible for defining and overseeing all aspects of the company’s corporate strategy and go-to-market positioning. His deep understanding of the digital economy—at scale across silos, organizations and marketplaces—and ability to see around technology’s tight corners are key factors in Cognizant’s consistent industry-leading growth and ability to address clients’ ever-changing business needs.

Todd Harrison, Founding Partner and Chief Investment Officer

CB1 Capital

Todd Harrison is the Founding Partner of CB1 and our Chief Investment Officer. Todd has spent almost three decades on Wall Street managing risk and researching financial market strategies. His institutional experience includes Morgan Stanley Global Equity Derivatives (VP), The Galleon Group (MD-Derivatives), and Cramer, Berkowitz LLC (President and Head of Trading).
 
 

Jerry L. Jerry L. Hulick, CLU, ChFC, ChSNC, CLTC, Owner & Principal

Caring Consulting Group

Jerry L. Hulick, owner and principal, Caring Consulting Group, specializes in technical financial planning for individuals with disabilities and special needs. Mr. Hulick brings over 40 years of financial services industry expertise to this important community. Much of his most recent work has been with Voya, developing awareness and education to integrate complete institutional special needs and disability inclusion. His work also extends to Voya Cares®, Voya’s firm wide initiative which aims to provide resources and guidance to people with disabilities and special needs, their families and caregivers. His activism in the special needs community is inspired by several special needs individuals in his own family.
 

David Kelly, Ph.D., CFA®, Chief Global Strategist

J.P. Morgan

Dr. David Kelly is the Chief Global Strategist and Head of the Global Market Insights Strategy Team for J.P. Morgan Asset Management. With over 20 years of experience, David provides valuable insight and perspective on the economy and markets to the institutional investor and financial advisor global communities.

Throughout his career, David has developed a unique ability to explain complex economic and market issues in a language that financial professionals can use to communicate to their clients. He is a keynote speaker at many national investment conferences and a frequent guest on CNBC, Bloomberg, and other financial media outlets.

Prior to joining J.P. Morgan Asset Management, David served as Economic Advisor to Putnam Investments. He has also served as a senior strategist/economist at SPP Investment Management, Primark Decision Economics, Lehman Brothers and DRI/McGraw-Hill.

David is a CFA® charterholder. He also has a Ph.D and M.A. in Economics from Michigan State University and a B.A. in Economics from University College Dublin in the Republic of Ireland.

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Patrick Nolan, CFA ®, Senior Portfolio Strategist

BlackRock Portfolio Solutions Team

Patrick Nolan, CFA®, Director, is a Portfolio Strategist with the BlackRock Portfolio Solutions Team. He leads the team's research efforts on portfolio construction strategies and trends. He is a regular contributor to the BlackRock Blog and other financial media; providing actionable insights drawn from the thousands of advisor engagements in which the team consults each year. Mr. Nolan's service with the firm dates back to 1997, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. Prior to joining BlackRock's Portfolio Solutions team, Mr. Nolan led the Portfolio Strategy team within BlackRock's Model Portfolios and Solutions Group beginning in 2013. His tenure at the firm has included roles within the active portfolio management, iShares ETF, and proprietary models-based businesses. Mr. Nolan earned a Bachelor of Arts degree in economics with a concentration in accounting from Rutgers University. He is a Chartered Financial Analyst, and currently serves as a member of the Upper Freehold Regional Board of Education, in Upper Freehold, NJ.
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Bob Rice, Managing Director

Tangent Capital

Bob is the founder and Managing Partner of Tangent, as well as our consulting affiliate Rice Partners.  His unique perspectives stem from an unusual combination of careers: Wall Street financial products law partner; Justice Department trial attorney; technology entrepreneur; public company CEO (of the successor to his startup); investment advisor; and venture investor.  

Jim Sandidge, J.D., Principal

The Sandidge Group LLC

James Sandidge, principal, The Sandidge Group LLC, has served in sales, sales management, and product roles for multiple asset management companies during his 25-year financial services career.  Mr. Sandidge is the author of Risk, Psychology and Retirement Income: Why Conventional Wisdom Is Wrong about Wealth Distribution and What the Research Really Shows, as well as the papers “Do State Guaranty Associations Make Annuities Less Risky Or More?” and “Adaptive Distribution Theory.”  He earned a B.A., an MBA, and a J.D., University of Denver.

George Walper, President

Spectrem Group

Walper brings to clients more than 30 years of experience serving the high net worth and retirement services markets. His specific emphasis is product development, marketing, sales and client service. Prior to joining Spectrem, Walper was Senior Vice President at Harris Trust and Savings Bank, where he oversaw the bank's Institutional Trust business, and earlier was a Trust Officer at The Northern Trust.